Real Estate News Headlines (February 15th 2017)

Hello, everyone. I provide you with Canada’s news headlines for real estate news for today.

Entertainment district, luxury units dominate Toronto condo market

According to Toronto Star,

The party is set to carry on in Toronto’s entertainment district. That neighbourhood will continue to dominate the downtown condo market again this year with 24 projects under development near King St. West between Spadina Ave. and Simcoe St.
There are 4,431 condos for sale there at an average price of $919 per squ. ft., according to a sweeping survey of Toronto real estate by online development hub BuzzBuzzHome.

The detail is here.

Real estate experts weigh in on the effect of rising mortgage rates on the market in 2017

According to BuzzBuzzNews,

As historically low national mortgage rates begin to rise in 2017, real estate experts are speculating on how these rising interest rates could affect the US housing market. And, while most experts agree that rising interest rates could have a drastic impact on affordability for some homebuyers, the news isn’t all bleak.

The detail is here.

Toronto Midtown (Davisville, Leaside & Bennington Heights) Neighborhood News

Here are the latest local neighbourhood news

Have you entered this month contest yet? Seymour Contests: January 2017 Spa Giveaway

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Canadian Real Estate Headlines from Jethro Seymour, one of the Top Toronto Real Estate Brokers

Jethro Seymour, One of the Top Toronto Davisville Real Estate Broker